(2018-10-23, 07:31 PM)isatrader Wrote:

(2018-10-23, 05:10 PM)GlobalCitizen Wrote: Any books you recommend on market breadth? There are so many sources, I'd like to get the best.

One of the best ones for me was the 2007 edition of Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices https://www.amazon.co.uk/Point-Figure-Charting-Application-Forecasting/dp/0470043512/ref=la_B001IGOXGC_1_4?s=books&ie=UTF8&qid=1540319066&sr=1-4 which you can get a used copy of for less than £10 on Amazon. It introduced a lot of market breadth tools and ways of looking at relative performance that are relevant to Stage Analysis. It's heavy on the sales pitch to try and get you to sign up for their services, but if you ignore that, then it's excellent book for learning some essential tools for analysing market breadth using point and figure.

(2018-10-24, 04:32 PM)kero Wrote: Thank you Isatrader. You're a real goldmine. (can we say that in english ?)

(2018-10-24, 04:26 PM)GlobalCitizen Wrote:

(2018-10-23, 07:31 PM)isatrader Wrote:

(2018-10-23, 05:10 PM)GlobalCitizen Wrote: Any books you recommend on market breadth? There are so many sources, I'd like to get the best.

One of the best ones for me was the 2007 edition of Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices https://www.amazon.co.uk/Point-Figure-Charting-Application-Forecasting/dp/0470043512/ref=la_B001IGOXGC_1_4?s=books&ie=UTF8&qid=1540319066&sr=1-4 which you can get a used copy of for less than £10 on Amazon. It introduced a lot of market breadth tools and ways of looking at relative performance that are relevant to Stage Analysis. It's heavy on the sales pitch to try and get you to sign up for their services, but if you ignore that, then it's excellent book for learning some essential tools for analysing market breadth using point and figure.

Thank you. Will look it up! There is so much info out there, sometimes you don't know which one to go with.

(2018-10-23, 01:01 PM)isatrader Wrote: They are different variations of the MACD of the AD line. I've attached the settings and turned on the legends so that you can reference them with the settings below.

The most useful indicator on the chart is the 10 and 30 week exponential MAs of the cumulative line imo, as it's signals are very useful, and I think they were talked about in the "Technically Speaking" interview if I remember correctly. But they all give a different perspective that helps with the weight of evidence.

(2018-10-24, 07:37 PM)pcabc Wrote: Those averages mirror the price MAs.  I've been plotting the cumulative advance / decline and cumulative advance / decline volume lines (well, very close to) but I've used 50, 200 and 260 days, with the latter representing about a year.  Switching one to 150 to mirror the price MA seems logical.  In the shorter turn I'm getting the impression 200 days may be a little slow, it confirms what has already started or was recently finishing.

Regarding the MACD, I've recently started plotting the MACDs of these two lines, with the most commonly used periods.  I'm wondering whether the '1,200,1' MACD really is a MACD.  Effectively it is just a plot of the price minus the 200 day MA.  So surely it is some form of momentum indicator?

(2018-10-24, 09:27 PM)gbarbs Wrote: I read SA some time after the 2009 bottom and since then, I don't recall the Chapter 8 indicators being so decidedly negative.  Looks like nearly all boxes are checked and it's time to tighten things up and look for shorts.  The MI has not crossed 0 yet but is headed there and has a strong divergence.  The Dow feels like its about to fall off a cliff, if it already hasn't.